Overview
Raised: $14,200
Total Commitments ($USD)
Platform
MainVest
Start Date
03/25/2020
Close Date
05/20/2020
Min. Goal
$10,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$258
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Hot Oven Cookies, a bakery in Springfield, MA, is raising funds on MainVest. It is a retro-modern cookie company that specializes in fresh-baked cookies in over 500 innovative flavors. Hot Oven Cookies has one micro-cookie shop unit, one indoor Cookie Kiosk, and two Cookie Mobiles. Hot Oven Cookies was founded by Shiela Coon, with more than ten years of baking experience. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $50,000, and the funds will be used for the completion of the buildout of the Cookie Kiosk at Bradley International, the launch of the Take & Bake Dough line, and targeted social media marketing campaign. Hot Oven Cookies has proven demand for its cookies and has a flourishing business model.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 03/25/2020
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Hot Oven Cookies | 06/24/2021 | MainVest | - | $14,300 | Revenue Share | Funded | RegCF |
| Hot Oven Cookies | 05/19/2020 | MainVest | - | $14,200 | Revenue Share | Funded | RegCF |
| Hot Oven Cookies | 02/26/2020 | MainVest | - | $0 | Revenue Share | Not Funded | RegCF |
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